Unfortunately, sometimes dreams don’t come true. In my quest to simplify life, I was blinded by the belief that the rental property I bought in 2003 would also be eligible for the full $250,000 / $500,000 tax-free profit exclusion if I moved back in tomorrow and lived in it for the next two years before […]
Tax-Free Profit Exclusion: Prorate For Long Term Rentals That Turn Into Primary Homes Read More »
There is strong demand for real estate due to strong demographics, strong job growth, and the desire for more investors to invest in a stable asset class that rides the inflation wave. This post looks at the best cities to buy real estate in America today. Real estate continues to be my favorite asset class
The Best Cities To Buy Real Estate In America Read More »
I’m on a mission to help encourage as many people to refinance in American as possible. I get nothing in return, just the satisfaction of trying to help others save money. Lots of people have mortgages, but most people are not a rate hawk like me. Thus, I’m here to give you a nice kick
On A Mission To Refinance In America Read More »
The mortgage interest deduction limit has decreased since the new Tax Cut & Jobs Act was passed in 2018. In the past, you could deduct mortgage interested on up to $1 million in mortgage indebtedness. Today, according to the IRS, the maximum mortgage amount you can claim interest on is $750,000 on first or second
Mortgage Interest Deduction Limit and Income Phaseout Read More »
If you want to find better value when buying a house, then avoid the Frenzy Zone. The Frenzy Zone is essentially the housing price point where the majority of people can buy. If you look for homes priced above the Frenzy Zone, demand drops of significantly. As a result, you should be able to get
Go Up The Housing Price Curve To Find Better Value: Avoid The Frenzy Zone Read More »
From a financial standpoint, rental property is at the top of the list of assets to own. Why rental property? Let’s explore the main benefits of this asset class. But first of all, you have to be smart about investing in a rental property. Otherwise it can become a huge headache if you don’t screen properly.
Why Rental Property Is A Powerful Asset Class Read More »
A lot of you have expressed interest investing in real estate over the years as part of a diversified investment portfolio strategy. However, some of you don’t have the 20%-30% downpayment to get started in rental property investing. Therefore, I’d like to explore the real estate crowdsourcing industry with Fundrise. With Fundrise, you can invest in
Real Estate Crowdsourcing Investing With Fundrise Read More »
Real estate is my favorite investment asset class to build wealth for regular folks. For hundreds of years, real estate has built tremendous wealth for millions of people. I don’t expect this trend to ever change in our lifetimes. Today, investors can invest in high quality residential and industrial real estate across the country with
Real Estate: My Favorite Investment Asset Class To Build Wealth Read More »
Following the easiest real estate investing strategy will make you a wealthy person over time. As a real estate investor since 2003, I want to now share this real estate investing strategy with you. Ever since selling an SF rental property in 2017, I’ve been a happier man. Not having to deal with disrespectful tenants
The Easiest Real Estate Investing Strategy To Build Wealth Read More »
If there is a tragic death in the property, there’s a good chance the value of your property will trade at a discount. If there is a death by natural causes, the property will likely trade at market price or a slight discount. This post comes up with a guideline on how much a property
The Value Of A Property After Experiencing A Tragic Death Read More »
